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As your Chicagoland real estate agent Michael LaFido, I want to be your resource for all things real estate. Whether you are buying, selling, or investing in real estate, I am here to guide you through the process. Subscribe to this blog to learn all of the latest news from our local market and receive expert tips for buying or selling a home.

Today I am going to speak about some misconceptions about working with a listing agent versus working with a buyers agent. There are benefits to both, but overall, a buyers agent will save you time and money as well as protect your interests.

A lot of people believe that working with a listing agent will save them money, but this is not necessarily true if you have a good buying agent, because they can negotiate a better deal on your property.

What Listing Agents Do For You:Workin the Seller's Best Interest

Show you the home and point out the positive aspects about the property, location, and area.

Arrange financing.

Prepare an offer for you.

Set up the closing of the property.

Answer questions about the home.

Although listing agents are helpful, they have the seller's best interest in mind, so they do not cater to buyers' needs.

What a Buyers Agent Will Do For You:Work in Your Best Interest

A buyers agent will show you a home but point outboth the positive and negative aspectsof a property for you to make a more informed decision about the purchase. They point out both advantages and disadvantages to consider.

They will also arrange financing, prepare the offer, and set up a closing.

They willnegotiate the offer and home inspection in your favor, as well as recommend a competent home inspector.

Negotiate a home warranty for you.

Offer a 12-month satisfaction guarantee.

Prepare a market analysis for you.

Negotiate concessions from the seller.

Protect your confidential interests as to why you are purchasing the home.

Save you additional money on the purchase.

Overall, if you're buying a home it is just best to work with a buying agent. They work with you and for you to get you a better deal on a home, and they also protect your own interests.

Hopefully this has been helpful to you. Feel free to contact me with any questions you might have or to order a free copy of our marketing plan. You can call me at(630) 674-3488or email me at Mike@LivingInDuPage.com